Finding the right home loan
Think about how you’d like your home loan to work. You might use your loan's portability, or want a line of credit to access your equity.
Apply for a home loan.
Shifting with a portable home loan
When moving home, it helps to have a home loan that can move with you. If you already have a NAB home loan, you'll be able to keep your current loan and secure it against your new home in most situations. Talk to us about portability.
Finding features that suit you
We offer you a range of features that can help as you move into your new home.
- Repayment holidays are available with most of our home loans. If you're far enough ahead with your repayments, you could take a break for 2-12 months. This frees up cash for things like house-moving expenses.
- Redraw is available with all of our variable rate home loans. If you're far enough ahead of your repayments, you have the option to withdraw the available excess funds on your home loan account.
- 100% offset uses money in a linked transaction account to reduce your interest charges, while keeping the money available to you. Deposits into your linked account could save you even more. 100% offset is available with the NAB Tailored Home Loan - Variable Interest Rate.
- An interest-only repayment period can free up money. It's most effective when your investment grows faster than your interest costs. You can pay your interest either monthly (in arrears) or yearly (in advance). NAB Base Variable Rate Home Loan and NAB Tailored Home Loan - Fixed Interest Rate or Variable Interest Rate offer interest-only periods. You might want to read more about interest-only and principal and interest repayments.
Getting more flexibility with a line of credit
Our lines of credit offer the flexibility to use your home loan like an overdraft. We set a credit limit and you access your funds as and when you need to.
You only pay interest on the funds you use. Depositing money into your line of credit reduces your interest charges.
We offer three lines of credit:
- NAB Portfolio Facility is an all-in-one banking solution with a single credit limit and up to 12 sub-accounts, giving you maximum control over your finances to build your wealth.
- NAB FlexiPlus Mortgage Facility, which can be part of a NAB Choice Package
- NAB Home Equity Line of Credit
Getting more help
- The best way to find a loan that suits you is with our home loan specialists
- Our product selector can help you choose a loan that might suit you
- If you've got any other questions, try our Online Assistant
